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China Integrated Energy, Inc. Message Board

  • acorisk acorisk May 24, 2012 2:47 PM Flag

    what if they do the $20 million buyback! -- that would be 15 million shares @ $1.25 or so

    Wouldn't it be interesting if CBEH follows-through $20 million buyback announced....

    From an earlier post from a different poster...

    Events Positive for Longs:
    • Jan 10th – Completion of the Sarbanes Section 404 implementation on internal controls
    • Jan 7th - Placement of $24.17 million at a price of $7.50
    • March 16th – Company files full year # for 2010 with KPMG signoff.
    • March 21st – Announce $20 million buyback in response to Shorts.
    • March 23rd – Company refutes Short Allegations via letter to shareholders
    • April 28th - Appointment of Markschield as head of audit committee
    • May 13th – Appoints Shearman & Sterling to Lead 3rd Party Investigation
    • May 20th – Appoints Jeff Wee as new CFO
    • June 3 – Appoints Mr. Liren Wei as new Independent Director

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